Rollback Contemplated?Share consolidation or reverse splits??
Financing to follow. This stock is such a laggard. Would have gone bankrupt if the Lundin didn’t throw out a lifeline to rollover its bonds.
The Company has 2 billion shares out. One new share for ten old would bring it down to more manageable 200 million shares or thereabouts.
No shareholders approval required for anything that’s 1 for 10 or less,